What is Correlation?
Correlation is a statistical measure that expresses the extent to which two variables are linearly related (meaning they change together at a constant rate). It’s a common tool for describing simple relationships without making a statement about cause and effect.
Why is Correlation important?
Once correlation is known it can be used to make predictions. When we know a score on one measure we can make a more accurate prediction of another measure that is highly related to it. The stronger the relationship between/among variables the more accurate the prediction.
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